APRI, SDEPCI ink deal for BESS project
By Lenie Lectura – November 22, 2024
from Business Mirror
AP Renewables Inc. (APRI), the geothermal arm of Aboitiz Power Corp., together with Aboitiz Renewables Inc. (ARI) signed an engineering, procurement, and construction contract (EPC) with Shandong Electric Power Engineering Consulting Institute Co. Ltd (SDEPCI) last November 7.
The EPC deal involves the construction of the Bay Battery Energy Storage System (BESS) Project in Barangay Bitin in Bay, Laguna, introducing a powerful new storage system to APRI’s existing portfolio of energy assets.
The Bay BESS Project will add crucial battery storage to APRI’s Makban geothermal plant through a specialized hybrid system, allowing it to quickly support the Luzon Grid during peak demand periods and power disruptions. “We are excited to be the host of this new investment. It contributes to the country’s energy transition and brings additional value to our host communities,” said APRI President Jeffrey Estrella in his welcoming remarks.
He was joined in by Alex Coo, ARI’s COO, who emphasized that “the Bay BESS Project is a groundbreaking milestone, being the first-ever BESS and geothermal hybrid system in the Philippines.” SDEPCI Vice President Sun Ligang responded, saying that his company “commits to provide a good performance guarantee for the Bay BESS Project as it also marks a significant project for the Philippines.” As a closing message, ARI President Jimmy Villaroman presented the other renewable energy projects of AboitizPower, saying that the company “recognizes that the energy transition is not a solitary endeavor.” Rather, “it demands collective action and dedication to overcome hurdles and achieve our shared goals.”
SDEPCI is a well-known leader in engineering and power plant system design, leading EPC projects in Brazil, Chile, Indonesia, Vietnam, Pakistan, Cuba and Mexico.
The Bay BESS Project has the potential to uplift the regional economy by promoting industrial growth and business development. This project could help encourage commerce, create jobs, and sustain the local economy. The project also aligns with the continuous need for dependable power in the region, which is crucial to support Luzon’s trade and industry sectors.
Through the economic activity that is supported by reliable power, the Bay BESS Project will help enable a higher tax base, supporting public services and more local infrastructure development. The Bay BESS Project represents a comprehensive investment in the community’s economic growth and quality of life, aligning with APRI’s goal of building long-term partnerships with its host communities.
